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Future of EU funds

We are continuing to deliver our EU funding programmes in Wales. Applications for EU funds are still being developed and approved in line with objectives agreed by the European Commission.

The UK Treasury will provide a full lifetime guarantee for all structural and investment projects approved before the UK leaves the EU.

A guarantee has also been made for investments to UK organisations through the European Territorial Co-operation programmes from which Wales benefits, including the Ireland Wales programme, as well as programmes directly managed by the European Commission, such as Horizon 2020.

EU funding programmes

European Structural Funds – Support people into work and training, youth employment, research and innovation, business (SMEs) competitiveness, renewable energy and energy efficiency, and connectivity and urban development.

Common Agricultural Policy – A £200m a year scheme providing payments to more than 16,000 farms in Wales to help protect and enhance the countryside.

European Maritime Fisheries Fund – Supporting sustainable development within the fishing and aquaculture sectors , the conservation of the marine environment, and growth and jobs in coastal communities.

Other EU funds

EU funds are also available to organisations and individuals through other EU programmes:

COSME (external link) – Helps to increase business competitiveness with assistance to improve access to finance and markets.